UnitedHealth Group Isn’t Ready For More Regulation

I wrote about UnitedHealth Group earlier this year.  UnitedHealth Group is one of the largest health-insurance providers services roughly 50 million people with revenue of $226.2 billion last year. It also operates physician practices, sells consulting and data services, and administers drug benefits.

One of the major themes going into the 2020 presidential, at least by the Democrats will be the “Medicare for All” proposals. For example, earlier this year, Senator Bernie Sanders of Vermont is calling for government-run health care as a way of covering more people.  He’s even singled out UnitedHealth saying their greed would soon end.

But the chart suggested to go long UnitedHealth at the weekly demand at $210.

Price did eventually react to the weekly demand at $210, hit the target at weekly supply zone at $270.  But because the $270 was a level that contained a stack of unfilled sell orders, that level the chart also suggested to short price gain with the target being at the weekly demand at $210 again.

In mid-Sept, the “Medicare for All” theme went front and center when House Speaker Nancy Pelosi unveiled her bill that would allow the federal government to negotiate the prices of up to 250 brand-name drugs in Medicare that do not have competitors and the negotiated prices would be available to all purchasers, not just Medicare beneficiaries.  In addition, the bill would also cap seniors’ out-of-pocket prescription drug costs at $2,000 a year.  And all though Nancy is trying to impeach Trump, Trump actually supports Nancy’s bill.  So if Trump gets impeached which he won’t and if the Democrats win next year’s election, which they won’t, UnitedHealth current business model isn’t set up for a more regulated environment.  And that’s why the stock fell 3% today and that’s why price is testing the weekly demand at $210 again.

But this time could be a different story. The SPDR Healthcare Sector ETF, XLV still lags behind the S&P 500 ETF, SPY.

and relative to all the other SPY sectors, XLV is dead list.

Thus, the chart is suggesting the weekly demand at $210 won’t hold again, will be breached the zone in the near future and that price will move down to the weekly demand at $183.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

LAMB technical analysis

LAMB seen from the temporality of 1W we can observe as the price could form a structure of continuation bullish, the best figure represents a descending wedge in which we see as the price has formed minimums each time closer, signal of a close change of tendency, we must be attentive to the support located in the 0.00001111 indicated in the graph by a horizontal green where the price should arrive and find demand that can drive the price up, the current weekly candle is bearish, it is still early to know how it will end at closing, however, the price has not yet touched support, so we should wait for the price to drop a little more.

LAMB seen from the 1D temporality we can observe more closely the current movement of candles within the descending wedge, once reached the support, the price could follow a trajectory as I have drawn in the chart above, our profit target is located within the price range of 0.00002044 – 0.00002134, indicated in the graph by the two horizontal red color, reached that point the price could fall quickly or form an HL above the point EQ and look for the break up, otherwise the price would seek again the support with probabilities of breaking down.

In conclusion, LAMB has had a slow decline in the price within the major figure since mid-July and we are close to a reversal movement, so we should be aware of the reaction of the price in 1D as we approach the support at 0.00001111 to look for the best trading position, the price should not close below the diagonal support of the major figure, if this happens the price should fall much more, but if you get a rebound forming an HL, the chances of reaching our goal will be high, I recommend following the action of the price of this currency very closely and always trade with stop loss, the percentages of loss and gain are high, so the risk is much greater.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

United Coach has a full support from De Gea

Everyone is aware of the difficulties that Manchester United is facing. And people has already started passing their comment on the exist of the coach of Manchester United. But here comes the voice of the Goal keeper of Manchester United. He has voice out something which actually said it all that the Coach of Manchester United might not go any where but stay with the club till the end of the season. He said this when he was talking, Manchester United was facing difficulties before they handed it over to Solskjaer and when they handed it over to him the coach has been struggling from that time till now but they still have hopes in the coach that better things are about to happen. Even thou they have played 6 matches in the epl and have gathered eight points but they are willing to die for the Coach. The Coach is a former player of Manchester United so he knows the back and foreth of Manchester United so we all should wait for the surprise which are about to come. They will die for the coach no matter what the situation is. This should there might not be an exist for the Coach soon. If there will be it wont be now. SO lets watch out more from the Manchester United coach. Thank you for your time have a great day. Good morning.

Suggestion on Steem Price

Hello everyone good day, Hope we all have seen how the price of steem is fallen and I would like to suggest something that can be done to see if the price of the steem will move up again. From my experience, when I first joined steemit, i noticed that the only crypto payment we receive as payment was SBD and steem power so I actually asked of why that not steem and I had an explanation that when the SBD shoot up it pulls up with the steem. So as SBD is going up steem will also be going up. I studied it and it worked perfectly because as we saw SBD making waves steem was also coming. Now they have chance the reward to steem. The price of steem is also low so even if anyone is interested in the platform and see the mode of payment he or she wont feel like joining. So why dont they change it from Steem to SBD so that as the SBD moves up then it will be dragging up the steem. The price of SBD will shoot up if the pricing system is changed to SBD. So I am pleading with the team of Steem to look into it and do something about it.